Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
95 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
VSG Patrimoine from Elsene, company number BE0651774375, closed financial year 2024 with a result of € -49,085 after tax. For that financial year VSG Patrimoine recorded a gross margin of € -63,249 and equity of € 2.3 million. Compared with financial year 2023, the result moved from € -58,793 to € -49,085. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2025.
€ 2.3 million
▼ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -49,085
▲ 17 % less loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -357,126.
Debts at end 2024
€ 13,299
Loans from banks and other lenders, long and short.
€ 5,910
▼ 58% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -57,518 | € -52,137 | € -63,249 | ▼ € 11,112 |
| Profit after taxes | € -162,222 | € -58,793 | € -49,085 | ▲ € 9,708 |
| Equity | € 2,112,447 | € 2,374,651 | € 2,325,566 | ▼ 2% |
| Total debts | € 1,269,416 | € 1,435,356 | € 1,936,643 | ▲ 35% |
| Cash | € 39 | € 36 | - | |
| Retained profit | € -570,245 | € -308,041 | € -357,126 | ▼ € 49,085 |
| Bank debt | € 0 | € 0 | € 13,299 | |
| Balance sheet total | € 3,381,862 | € 3,810,007 | € 4,274,700 | ▲ 12% |
Key figures of VSG Patrimoine, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to VSG Patrimoine?
What happened at VSG Patrimoine in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 49,085. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Vivien de Gunzburg became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 162,222 loss in 2021 to € 49,085 loss in 2024.
Paid € 1,111 in corporate taxes since 2021.
A new publication or filing at VSG Patrimoine? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind VSG Patrimoine is Vivien de Gunzburg.
Directors
According to the 2024 annual accounts
Vivien de Gunzburg
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Louizalaan 500 box 232
1050 Elsene
Louizalaan 500
1050 Brussel
Active since 11 April 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 95 companies are registered at this address.
All companies at this address →CHAMBRE DE COMMERCE CANADA-BELGIQUE-LUXEMBOURG-'KAMER VAN KOOPHANDEL CANADA-BELGIE-LUXEMBURG -'CHAMBER OF COMMERCE CANADA-BELGIUM-LUXEMBOURG.
Chambre de Commerce Belgo-Chilienne
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€ 2.2 million gross margin · 2025
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€ 21,186 gross margin · 2025
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0651.774.375
- VAT number
- BE 0651.774.375
- Registered office
- Louizalaan 500 bus 232, 1050 Elsene
- Names & denominations
- VSG Patrimoine
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 April 2016
- Peppol
- Not registered
- Activities · NACE
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